W Motors, a luxury car manufacturer in the Middle East, has partnered with Web3 company Tokengate for a non-fungible token (NFT) collection and to create a metaverse experience around its HyperCars.
The first drop from W Motors is called HyperWolves, a 10,000-piece NFT collection that will serve as a portal for the company’s metaverse and digital roadmap. The NFTs represent the spirit animal of W Motors — the wolf.
Holders of HyperWolves NFTs will get access to the world of W Motors, including perks like a factory visit where they can follow the creation of HyperCars from conception to completion. Some NFT holders will be awarded a virtual car designed by W Motors chosen from a series of exclusive HyperCars, including the 110 Fenyr SuperSport and 7 Lykan HyperSport models — the latter featured in the blockbuster “Fast and Furious 7” movie.
NFT holders will be able to customize their HyperCars and integrate them into blockchain-based games, and eventually the company will create its own metaverse. The W Motors Metaverse will let the company expand the boundaries of design and performance and create car designs for new digital landscapes. It will be a virtual world for like-minded individuals to interact, design cars, create models, and participate in racing activities.
Tokengate is an industry-leading blockchain company that will help ensure W Motors’ smooth transition into web3. The project hopes to onboard some first-time NFT users into the space by offering the flexibility to purchase the NFTs via debit or credit cards.
To find more news about HyperWolves NFTs and W Motors’ metaverse, you can keep an eye on the HyperWolves website or subscribe to the Discord channel.
Luxury Car Manufacturers Are Taking to Web3
W Motors might be the first car manufacturer based in the Middle East to bring its luxury cars to the metaverse, but it’s far from the only car company interested in Web3. At Rarity Sniper, we’ve written dozens of articles about some of the biggest car manufacturers and brands in the world entering Web3.
Listed below are some of the top headlines about automobiles and Web3:
- Ripple & Lotus Cars Team Up for NFT Collection
- Lamborghini Launches “Epic Road Trip” NFT Collection
- Kia Uses NFTs with QR Code in New Campaign
- Nissan Presents Art & Electric SUV in the Metaverse
- Bentley Motors to Launch Eco-Friendly NFT Collection
- DeLorean Motor Company Releases NFTs
- Supercar Maker McClaren to Launch NFT Collection
The metaverse and NFT technology allow car companies to connect with new customers around the world and to sell digital vehicles and assets. Considering that this market is expected to grow by billions annually, it’s no surprise the automobile industry has taken a keen interest.
Time will if the HyperWolf NFT collection and the W Motors metaverse will be successful. But considering the reputation of W Motors and Tokengate, we think there’s a good chance it will be. We’ll be keeping our eyes and ears open for more on the story.